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Monnet Ispat & Energy moves up as it restarts integrated operations at Raigarh Plant

04 Mar 2020 Evaluate

Monnet Ispat & Energy is currently trading at Rs. 13.29, up by 0.29 points or 2.23% from its previous closing of Rs. 13.00 on the BSE.

The scrip opened at Rs. 13.37 and has touched a high and low of Rs. 13.37 and Rs. 12.64 respectively. So far 3230 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 35.00 on 05-Mar-2019 and a 52 week low of Rs. 8.10 on 09-Oct-2019.

Last one week high and low of the scrip stood at Rs. 14.00 and Rs. 12.64 respectively. The current market cap of the company is Rs. 624.03 crore.

The promoters holding in the company stood at 74.35%, while Institutions and Non-Institutions held 19.02% and 6.63% respectively.

Monnet Ispat and Energy has restarted integrated operations at the Raigarh Plant with effect from March 02, 2020. The company has completed the necessary modifications of plant and machinery for manufacturing special steel products apart from general maintenance of the Raigarh Plant.

Monnet Ispat and Energy is a holding company. The company is engaged in the business of conducting coal mining operations and manufacturing coal-based sponge iron and various other steel/iron-based products.


JSW Ispat Special Share Price

38.97 0.00 (0.00%)
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